Qorvo® Revises Revenue Guidance For Fiscal 2016 Third Quarter
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January 8, 2016 9:44 AM EST
Canaccord Genuity analyst, Michael Walkley, maintains his Buy rating after Qorvo Inc (NASDAQ: QRVO) big miss but drops his price target to $62 from $77.
Qorvo pre-announced much lower than anticipated preliminary Q3/F'16 results due to weaker sales in its mobile products... More
January 8, 2016 7:41 AM EST
Needham & Company maintained a Buy rating on Qorvo Inc (NASDAQ: QRVO), and cut the price target to $55.00 (from $64.00), following the company's negatively pre-announced 3Q earnings report. QRVO meaningfully revised lower its revenue guidance for F3Q16 and guided F4Q16 revenue to be approximately flat sequentially.... More
January 8, 2016 7:13 AM EST
Mizuho Securities maintained a Buy rating on Qorvo Inc (NASDAQ: QRVO), and cut the price target to $50.00 (from $65.00), following the company's negative pre-announcement. Qorvo continues to struggle navigating the RF landscape, the second topline miss in the last six months, while peers... More
